Target Commences Nationwide Rollout Of Drive Up With Starbucks, Offering Free Carside Delivery Of Café Favorites
Portfolio Pulse from Benzinga Newsdesk
Target is starting a nationwide rollout of its Drive Up service with Starbucks, offering free carside delivery of café favorites. The service is expected to be available at all the 1,700-plus stores with Starbucks Cafés and Drive Up service by October.
August 09, 2023 | 11:19 am
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POSITIVE IMPACT
Starbucks' partnership with Target for the Drive Up service could potentially increase its reach and sales.
Starbucks' partnership with Target for the Drive Up service could potentially increase its reach and sales, as it allows customers to conveniently order Starbucks products from Target stores. This could have a positive impact on Starbucks' stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Target's nationwide rollout of Drive Up service with Starbucks could potentially increase customer convenience and drive sales.
The introduction of the Drive Up service with Starbucks at Target stores nationwide could potentially increase customer convenience, leading to increased sales. This could have a positive impact on Target's stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100